Exam (elaborations)
Xinnix Final Exam | 125 Questions with 100% Correct Answers | Updated and Verified | 21 Pages
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On an FHA loan the upfront MIP should be included when calculating cash-to-close. - False The borrower must have 5% of their own funds when putting 15% down on a primary residence. (FNMA) - False A 3-Year ARM adjusts every 3 years - True A Loan Officer can locate the summary of the eligibility ...
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